An employment bond is a legal agreement between an employer and an employee that outlines the terms of employment, including conditions related to training, confidentiality, and the duration of service. Typically used when an employer invests significant resources in training an employee, the bond stipulates that the employee must remain with the company for a specified period. If the employee leaves before the bond period ends, they may be required to pay a penalty or forfeit benefits. Employment bonds aim to protect the employer’s investment while also setting clear expectations for the emp
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A resignation letter is a formal written notice submitted by an employee to inform their employer of the decision to resign from their position. It generally includes a clear statement of resignation, the proposed last working day, and may optionally include a brief explanation for leaving. The letter often expresses appreciation for the experience and opportunities gained during employment and may offer support during the transition period, such as training a replacement. Properly signed and dated, it serves as both a professional courtesy and official documentation of the employee's intent